Market Overview:
The global automatical magnetic linear encoder market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for precision and accuracy in measurement across various industries, and the growing adoption of automation in manufacturing processes. The global automatical magnetic linear encoder market can be segmented on the basis of type into voltage output type and open collector output type. The voltage output type segment is expected to account for a larger share of the global automatical magnetic linear encoder market than the open collector output type segment during the forecast period from 2018 to 2030. This can be attributed to its advantages such as high noise immunity, better reliability, and longer life span as compared with open collector output types. On the basis of application, industrial applications are expected to account for a larger share of the global automatical magnetic linear encoder market than aeronautics and astronautics applications duringthe forecast period from 2018to2030 .
Product Definition:
An automatical magnetic linear encoder is a device that uses magnets to track the position of a metallic strip on a carriage. This information can be used to determine the position or velocity of the carriage. The importance of an automatical magnetic linear encoder is that it provides precise measurements without requiring contact with the object being tracked, making it ideal for use in hostile environments or where contamination could occur.
Voltage Output Type:
Voltage output type is a technology used in the manufacturing industry to measure the voltage of an electric motor. It measures the voltage between two points and makes an automatic conversion from AC to DC and back again, making it a linear encoder. The technology has several advantages such as high accuracy, immunity to electromagnetic interference (EMI), low maintenance cost, easy installation & removal and portability among others.
Open Collector Output Type:
The open collector output type is used in the automatic magnetic linear encoder market. It is a device that can be used to convert an analog signal into a digital one and back to an analog form. The conversion from digital to analog and back again allows it to be connected with other devices such as sensors, switches, relays, etc., for various applications such as position feedback control of machine tools or data transmission over telecommunication lines.
Application Insights:
The other application segment includes the automotive, aerospace and defense industry. The growth of this application segment can be attributed to the growing adoption of MLEs in various applications including power trains, position sensing devices, electronic stability controls and industrial robots. In addition, stringent regulations for reducing vehicle emissions are expected to drive demand over the forecast period.
Automotive is projected to emerge as one of the fastest-growing segments during the forecast period owing to increasing government mandates on reduction of vehicular pollution coupled with a rise in demand for fuel efficient vehicles. Moreover, technological advancements such as open source software development kits (SDKs) that enable communication between an engine control module (ECM) and a linear actuator offer potential growth opportunities during the study period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing industrialization and rapid expansion of manufacturing facilities in this region. In addition, rising investments in automation are also anticipated to propel demand for these devices in Asia Pacific during the forecast period.
The market for automatic magnetic linear encoders is highly fragmented across regions as well as applications owing to presence of a large number of global players with strong distribution channels and high product visibility. North America accounted for a significant share due to early adoption by various end-use industries such as aerospace & defense, automotive, marine, etc., which has resulted in higher penetration rates compared with other regions. Moreover, growing awareness regarding advanced technologies among users plays an important role in determining regional market shares at different points of time between 2012 and 2018 i).e., from nascent stage till maturity ii).).
Growth Factors:
- Increasing demand for high-precision linear encoders in industrial automation applications
- Growing popularity of automated guided vehicles (AGVs) and machine vision systems
- Proliferation of 3D printing and additive manufacturing technologies
- Rising demand for precision motion control systems in semiconductor and medical device industries
- Growing trend of miniaturization in electronics industry
Scope Of The Report
Report Attributes
Report Details
Report Title
Automatical Magnetic Linear Encoder Market Research Report
By Type
Voltage Output Type, Open Collector Output Type
By Application
Industrial, Aeronautics and Astronautics, Other
By Companies
Balluff, Baumer Group, Electronica Mechatronic Systems, BEI Sensors, ATEK Sensor Technologies, Treotham, Micromech Ltd, Velmex Inc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Automatical Magnetic Linear Encoder Market Report Segments:
The global Automatical Magnetic Linear Encoder market is segmented on the basis of:
Types
Voltage Output Type, Open Collector Output Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Aeronautics and Astronautics, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Balluff
- Baumer Group
- Electronica Mechatronic Systems
- BEI Sensors
- ATEK Sensor Technologies
- Treotham
- Micromech Ltd
- Velmex Inc
Highlights of The Automatical Magnetic Linear Encoder Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Voltage Output Type
- Open Collector Output Type
- By Application:
- Industrial
- Aeronautics and Astronautics
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automatical Magnetic Linear Encoder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automatic magnetic linear encoder is a type of machine that measures the distance traveled by a moving object. The encoder uses magnets to track the movement of the object, and can send this information to a computer or other device for analysis. This technology is often used in manufacturing and other industrial settings, where precise measurements are necessary.
Some of the key players operating in the automatical magnetic linear encoder market are Balluff, Baumer Group, Electronica Mechatronic Systems, BEI Sensors, ATEK Sensor Technologies, Treotham, Micromech Ltd, Velmex Inc.
The automatical magnetic linear encoder market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automatical Magnetic Linear Encoder Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Automatical Magnetic Linear Encoder Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Automatical Magnetic Linear Encoder Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Automatical Magnetic Linear Encoder Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Automatical Magnetic Linear Encoder Market Size & Forecast, 2020-2028 4.5.1 Automatical Magnetic Linear Encoder Market Size and Y-o-Y Growth 4.5.2 Automatical Magnetic Linear Encoder Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Voltage Output Type
5.2.2 Open Collector Output Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Aeronautics and Astronautics
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automatical Magnetic Linear Encoder Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automatical Magnetic Linear Encoder Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Voltage Output Type
9.6.2 Open Collector Output Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Aeronautics and Astronautics
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Voltage Output Type
10.6.2 Open Collector Output Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Aeronautics and Astronautics
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Voltage Output Type
11.6.2 Open Collector Output Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Aeronautics and Astronautics
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Voltage Output Type
12.6.2 Open Collector Output Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Aeronautics and Astronautics
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Voltage Output Type
13.6.2 Open Collector Output Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Aeronautics and Astronautics
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automatical Magnetic Linear Encoder Market: Competitive Dashboard
14.2 Global Automatical Magnetic Linear Encoder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Balluff
14.3.2 Baumer Group
14.3.3 Electronica Mechatronic Systems
14.3.4 BEI Sensors
14.3.5 ATEK Sensor Technologies
14.3.6 Treotham
14.3.7 Micromech Ltd
14.3.8 Velmex Inc